Advanced Micro Devices Inc $ 93.42 0.76 (0.82%)
Advanced Micro Devices Inc News and Headlines -
Blockchain has emerged as one of the most disruptive forces in the technology sector. However, while several people still prefer to invest via the cryptocurrency market. It is not easy. Some cryptocurrency platforms like NewsCrypto have been created with the aim of making crypto trading easier. But still, traditional investors remain inclined to stocks instead.
Graphics processing unit manufacturer Nvidia Corp. (NVDA) has been the preference for those looking to invest in the massive adoption of blockchain technology. The company's stock has surged nearly 700% over the last three years amid an increase in demand for
Robert Swan, the CEO of Intel Corporation (INTC), has been buying stock in the chipmaker this year in July and October.
Part of the reason might be explained by the below one-year price chart, which shows a declining stock price:
Swan had no shortage of shares already in his holdings before this year - after all, he is the CEO and has received millions of dollars worth of as part of executive compensationplans. Bloomberg called him the seventh-highest-paid CEO of 2019 and provided this breakdown of his $99,022,847 compensation for the year:
Advanced Micro Devices (AMD) is set to acquire Xilinx, Inc. (XLNX) in an all-equity deal. Better known by its acronym AMD, the chipmaker is offering 1.7234 of its shares for each share of Xilinx.
Personally, I've been looking at this deal for a few weeks now as the rumors intrigued me. The deal seemed to be very well received by analysts on the conference call where it was announced. Executives on both sides sounded like they were genuinely excited.
Xilinx CEO Victor Peng even said he's all-in and has to make the integration work, which sounded like
The Dow Jones Industrial Average closed at 27,463.19 on Tuesday with a loss of 222.19 points or -0.80%. The S&P 500 closed at 3,390.68 for a loss of 10.29 points or -0.30%. The Nasdaq Composite closed at 11,431.35for a gain of 72.41 points or 0.64%. The VIX Volatility Index was higher at 33.35 for a gain of 0.89 points or 2.74%.
Tuesday's market movers
U.S. stocks continued to fall Tuesday after a sharp selloff Monday. Coronavirus cases continued to rise and the Senate adjourned with no stimulus deal. Technology stocks, however, saw a rebound helped by AMD's merger announcement with
Shares of Advanced Micro Devices Inc. (AMD) tumbled over 4% on Tuesday on the heels of reporting its third-quarter earnings results. The company also announced that it entered a definitive agreement to acquire rival semiconductor company Xilinx Inc. (XLNX).
AMD earnings summary
The Santa Clara, California-based semiconductor company reported net income of $390 million, or 32 cents in earnings per share, compared with net income of $120 million, or 14 cents in earnings per share, in the prior-year quarter. Adjusted net income of 41 cents per share topped the consensus estimate of 35 cents per share.
The Dow Jones Industrial Average closed at 28,586.90 on Friday with a gain of 161.39 points or 0.57%. The S&P 500 closed at 3,477.13 for a gain of 30.30 points or 0.88%. The Nasdaq Composite closed at 11,579.94 for a gain of 158.96 points or 1.39%. The VIX Volatility Index was lower at 25.00 with a loss of 1.36 points or -5.16%.
For the week, the Nasdaq gained 4.6%, the S&P 500 gained 3.8% and the Dow Jones gained 3.3%. For the year, the Nasdaq is up 27.29%, the S&P 500 has a gain of 7.63% and the Dow Jones
When a company's return on equity (ROE) ratio beats that of the majority of its peers, it usually implies that the company has been better than its competitors in generating profits.
Thus, investors may want to consider the following stocks, as they are beating most of their peer companies in terms of a higher ROE ratio.
Advanced Micro Devices Inc
The first stock investors may want to consider is Advanced Micro Devices Inc (AMD), a Santa Clara, California-based global semiconductors manufacturer.
Advanced Micro Devices Inc has a ROE ratio of 23%, beating the industry median of 5.68% enormously.
The Dow Jones Industrial Average closed at 28,248.44 on Tuesday with a loss of 60.02 points or -0.21%. The S&P 500 closed at 3,443.62 for a gain of 12.34 points or 0.36%. The Nasdaq Composite closed at 11,466.47 for a gain of 86.75 points or 0.76%. The VIX Volatility Index was lower at 22.03 for a loss of -0.34 points or 1.52%.
Tuesday's Market Movers
U.S. indexes ended mostly higher Tuesday. The S&P 500 and Nasdaq reported another day of new closing highs. The Dow Jones ended slightly lower after an announcement that it will replace Exxon (XOM), Pfizer (PFE)
It is a summer of discontent at Intel Corp (INTC).
And the effects show in this one-year price chart:
In June came news that Apple (AAPL) planned to stop using Intel chips in its Macs.
In July, Intel had to report that its new 7nm chips would be delayed until at least 2022, and that it might have to turn to a third-party manufacturer. And this wasn't the first time it had missed a deadline for a new product: The 10nm chips went through similar delays.
As a result, the share price tumbled
Shares of Applied Materials Inc. (AMAT) are up more than 76% since March 20. The company has recovered from the huge plunge experienced between February and March and is now trading just off this year's highs.
The California-based semiconductor equipment and materials company reported its most recent quarterly results last Thursday, beating expectations on revenue and earnings. Shares have gained more than 3% since then and retain a bullish outlook based on the valuation multiples.
The stock is now up nearly 8% this year compared to the S&P 500 Index, which has
According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
Advanced Micro Devices reached the 52-week high of $69.40
Advanced Micro Devices Inc. (AMD) designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm's sales are in the computer market via CPUs and GPUs. The company acquired graphics processor and chipset maker ATI in 2006 to improve its positioning in the PC chain. In 2009, the firm spun out its manufacturing operations to form a foundry joint venture called GlobalFoundries.
The Dow Jones Industrial Average closed at 25,706.09 on Thursday with a loss of 361.19 points or -1.39%. The S&P 500 closed at 3,152.05 for a loss of 17.89 points or -0.56%. The Nasdaq Composite closed at 10,547.75 for a gain of 55.25 points or 0.53%. The VIX Volatility Index was higher at 29.28 for a gain of 1.20 points or 4.27%.
Thursday’s market movers
Tech stocks gained on Thursday as the economy looks more heavily to technologies supporting pandemic concerns. The Nasdaq is now up 17.56% for the year, while both the S&P 500 and Dow Jones remain in
U.S. stocks were in the red on Thursday morning. The Dow fell more than 400 points to 25,584, the S&P 500 index lost 1.42% to 3,124 and the Nasdaq Composite Index was down 0.70% to 10,419.
• F5 Networks, Inc. (FFIV) +5.5%
• Pentair plc (PNR) +5%
• Advanced Micro Devices, Inc. (AMD) +3.7%
• Costco Wholesale Corporation (COST) +2.6%
• Mohawk Industries, Inc. (MHK) -23%
• Walgreens Boots Alliance, Inc. (WBA) -9.8%
• Leggett & Platt, Incorporated (LEG) -7.3%
• Kohl's Corporation (KSS) -6.8%
The main European stock markets traded in
U.S. stocks were in the green on Wednesday ahead of the Fed's meeting. The Dow Jones Industrial Average lost 0.50% to 27,135 and the S&P 500 index fell 0.10% to 3,204, but the Nasdaq Composite Index was up 0.61% to 10,015 (the Nasdaq broke the 10,000 level for the first time in history yesterday).
• Advanced Micro Devices, Inc. (AMD) +3.3%
• NVIDIA Corporation (NVDA) +2.7%
Abbvie Inc(ABBV) +2%
• ServiceNow Inc (NOW) +1.6%
• Newmont Corporation (NEM) +1.2%
• Simon Property Group Inc (SPG) -8.7%
• Occidental Petroleum Corp (OXY) -8.3%
Tech growth investors may want to have a look at the following stokcs, as they have posted significant year-over-year increases in their quarterly revenue and net income.
Advanced Micro Devices Inc
The first company that meets the above listed criteria is Advanced Micro Devices Inc (AMD), a Santa Clara, California-based global semiconductors manufacturer.
The company posted a 40.4% year-over-year increase in quarterly revenue to $1.786 billion as of the first quarter of 2020, up from $1.272 billion in first quarter of 2019. The net income was $162 million in the first quarter of 2020, up from $16 million for the
The Dow Jones Industrial Average closed at 27,272.30 on Tuesday with a loss of 300.14 points or -1.09%. The S&P 500 closed at 3,207.18 for a loss of 25.21 points or -0.78%. The Nasdaq Composite closed at 9,953.75 for a gain of 29.01 points or 0.29%. The VIX Volatility Index was higher at 27.41 for a gain of 1.60 points or 6.20%.
Tuesday’s market movers
U.S indexes were mostly lower Tuesday after rallying from a strong May jobs report and energy sector agreement. The Nasdaq continued to climb, posting another record close.
In the S&P 500, consumer discretionary and consumer
The Dow Jones Industrial Average closed at 24,206.86 on Tuesday with a loss of 390.51 points or -1.59%. The S&P 500 closed at 2,922.94 for a loss of 30.97 points or -1.05%. The Nasdaq Composite closed at 9,185.10 for a loss of 49.72 points or -0.54%. The VIX Volatility Index was higher at 30.53 for a gain of 1.23 points or 4.20%.
Tuesday’s market movers
U.S. stocks ended lower Tuesday with a late drop leading into the closing bell. Shares of Moderna (MRNA) closed down 10.41% after a report questioned the company’s Covid-19 efforts.
Walmart reported better-than-expected results with a
Founded in 1979, the guru’s Camas, Washington-based firm approaches investing with the belief that supply and demand exclusively determine stock prices, and investors can only gain an advantage through finding information that is not widely known by the markets or by interpreting information differently. The firm uses a framework called The Four Market Conditions to help determine the appropriate investment strategy for the current environment.
Based on these criteria, the investor’s five largest buys for
U.S. stocks were in the green on Wednesday, ahead of good corporate results. The Dow Jones Industrial Average gained 0.43% to 28,846, the S&P 500 index rose 0.34% to 3,287 and the Nasdaq Composite Index jumped 0.37% to 9,303.
Advanced Micro Devices, Inc.
Non-index stocks have also posted gains and losses recently. Shares of Advanced Micro Devices, Inc. (AMD) fell more than 7% on Wednesday after the company announced fourth quarter results. The company posted
Now that the outlook for cloud data center growth and gaming is improving, many analysts recently have had a change of heart regarding the future prospects of growth for Nvidia Corp. (NVDA).
The primary basis for analysts' renewed expectations is the recent improvement in capital expenditures by cloud computing companies after a year of slack spending on graphics processing unit chips and other microprocessors. In addition to favorable projections for data center and PC applications growth for Nvidia’s powerful GPU chips, some analysts anticipate an improving game market environment, which for years had been the predominant engine of consistent revenue